Nigeria’s ICT Sector Surges 31.63% in Q1 2025, Driven by Broadband, Mobile Growth,…
Nigeria’s Information and Communications Technology (ICT) sector posted a significant 31.63% year-on-year nominal…
Author
13913 posts 0 comments
Dangote Refinery Imports 10 Million Barrels of Crude Monthly Amid High Costs,…
Aliko Dangote, President/CEO of Dangote Industries, revealed that the Dangote Refinery imports between 9 to 10…
Stock Market Soars as Investors Push NGX Up by ₦396 Billion Amid Bullish Sentiment
The Nigerian stock market maintained its bullish momentum on Tuesday, July 22, 2025, adding ₦396 billion in market…
NGX and FG Drive Push for Capital Formation to Boost $1 Trillion Economic Goal
At the 2025 Chartered Institute of Stockbrokers (CIS) National Workshop held at the Presidential Villa in Abuja,…
Nigeria’s External Reserves Rise by $200 Million in 30 Days Amid Stable FX Market
Nigeria’s external reserves experienced a steady rebound over the past month, rising by $200.3 million from…
10-Year Treasury Yields Slip as Markets Brace for Fed Decision Amid Trump-Powell…
The yield on the 10-year U.S. Treasury note eased slightly on Tuesday, falling over two basis points to 4.342%, as…
Trump-Japan Trade Pact Slashes Auto Tariffs, Unlocks $550 Billion Investment Boost
U.S. President Donald Trump has announced a landmark trade deal with Japan that slashes tariffs on Japanese auto…
Stock Market Rallies as CBN Holds Rates Steady, Investors Eye Dividends
Nigeria’s stock market continued its upward momentum on Tuesday following the Central Bank of Nigeria’s (CBN)…
SEC Eyes $500bn from Dormant Commodities and Minerals to Boost Nigeria’s Economy
The Director-General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has revealed that Nigeria…
Debt-to-GDP ratio drops to 39.4% after GDP rebasing
Nigeria’s public debt-to-GDP ratio has dropped to 39.4% in Q1 2025, following the rebasing of the country’s Gross…
Microsoft’s Incomplete Patch Leaves SharePoint Vulnerability Open to Global…
A critical vulnerability in Microsoft’s SharePoint server software has exposed thousands of organizations to a…
European Corporate Earnings to Dip in Q2 as Tariff Tensions Mount
European corporate earnings are expected to decline slightly in the second quarter of 2025, according to the…
White House Unveils Aggressive AI Export Push and Regulatory Rollback Under Trump…
The White House is set to release a new artificial intelligence (AI) policy aimed at expanding the global…
NGX Set to Break Turnover Records in 2025 as Foreign Investment and Retail…
The Nigerian Exchange (NGX) is on track for a record-breaking year in 2025, with a turnover of ₦694 billion posted…
Critical Microsoft SharePoint Flaw Triggers Global Cybersecurity Alert
A critical vulnerability in Microsoft SharePoint server software is raising alarms across the global cybersecurity…
Dangote Accuses Global Oil Traders of Sabotaging Africa’s Refinery Growth
Aliko Dangote, Africa’s richest man and President of Dangote Industries, has raised alarm over what he describes…
Ghana Cedi at 60: Citizens Express Doubts Despite 2025 Gains
Marking its 60th anniversary in 2025, the Ghana Cedi stands as a symbol of Ghana’s economic independence since…
Nigeria Targets $1 Trillion Economy by 2030 Through “Nigeria First”…
The Federal Government of Nigeria has reaffirmed its commitment to achieving a $1 trillion economy by 2030 through…
China Breaks Ground on World’s Largest Dam in Tibet, Raising Alarms in India and…
China has officially started construction on what will become the world’s largest hydropower dam, the Motuo…
72% of U.S. Teens Have Tried AI Companions, Study Reveals Shift in Digital Social…
A new study from Common Sense Media, conducted with NORC at the University of Chicago, reveals that 72% of U.S.…
Naira Slips to ₦1,532.34/$ Despite CBN Efforts Amid FX Market Volatility
The Nigerian naira closed the week of July 21st, 2025, weaker against the US dollar, depreciating by 0.14% to…
Market Boom Masks 40% Stock Crash: Six Nigerian Firms Buck N20 Trillion Rally
Despite a historic N20.1 trillion rally in Nigeria’s equities market in 2025, six publicly listed companies have…
11 Nigerian Banks Breach Non-Performing Loan Limit Amid Credit Quality Concerns
Rising NPLs Spark Concern in Nigeria’s Banking SectorAt least eleven commercial banks in Nigeria exceeded the…
Tariff hike: US rules out hasty trade deals
The United States has made it clear that it will not rush into finalizing trade agreements ahead of the looming…
Nigerian Stocks Edge Up 0.18% Amid Mixed Sectoral Performance and Cautious Trading
The Nigerian Exchange Limited (NGX) began the week on a modestly positive note, as the All-Share Index (ASI) rose…
Nigeria’s Rebased GDP Hits ₦372.82 Trillion Amid Worsening Poverty, Public…
Economic Growth Through RebasingThe National Bureau of Statistics (NBS) has rebased Nigeria’s Gross Domestic…
High Interest Rates Now Nigeria’s Top Business Concern — CBN Survey Finds
According to the Central Bank of Nigeria's (CBN) June 2025 Business Expectations Survey, high interest rates have…
Stakeholders Advocate AI Adoption to Revolutionize Autism Education in Nigeria
At the 15th Annual Autism Conference organized by Guaranty Trust Holding Company Plc in Lagos, stakeholders…
US Imports $1.34 Billion Nigerian Crude Despite Tariffs, but Trade Surplus Turns…
Despite a wave of protectionist trade measures from the U.S., Nigeria remained America’s top African crude oil…
Foremost Capital Surpasses ₦60 Billion AUM in Six Months, Eyes Ethical Investment…
Foremost Capital Limited, a newly established and SEC-licensed asset management company, has achieved a remarkable…